Why HUI down 8 %????, page-29

aud gold had actually stayed pretty much unchanged at around 1530 durign the drop from usd 1300-1250 - because the aud fell from 76c to 74c during that time.

its only past 48 hours that aud gold price has actually dropped a lot again

but the real key you need to keep in mind is precious metals dealers are the same as the gas stations - they import their product a few weeks before they sell it - so any price shifts take several weeks to filter through

perth mint is best source locally because it makes bullion from local gold - so its prices stay in line with local market prices

but silver is generally coming from overseas - so youll find that lags

bars are generally more price resonsive - overseas coins like the eagle are manufactured so their prices take longer to shift

but anyone worrying about current tiny shifts in aud gold/silver price shouldnt bother buying physical imo

the ony point of physical is - because you think paper money currencies are all going to lose some of their 'trusted' value over long term
- or you think there's going to be a seismic lift in price of gold/silver

if you think golds just going up/down usd150 and fiat money will always be fine then physical is just a weird curiousity